Posts Tagged ‘New Timetable For World Trade Center Redevelopment’
New Timetable For World Trade Center Redevelopment
Freedom Tower – New Delays
Reeling under criticism of slow progress, the Port Authority of New York and New Jersey has issued a new timetable for rebuilding of the World Trade Center site.
The Port Authority now says that the anchor for the site, One World Trade Center, better known as the Freedom Tower, will be completed in 2013 at a projected final cost of more than $3 billion, more than what was originally budgeted, mainly due to the addition of a second observation desk. It was originally anticipated that the Freedom Tower would be completed in 2009.
The World Trade Center Memorial Plaza, which relatives of those who died during the September 11, 2001 terrorist attacks have been pushing for completion, will be largely done, the Port Authority says, by the 10th anniversary of the attacks. Include will be the inscriptions of the names of all those who died in that attack and those who were killed in the first attack on the site on February 26, 1993. The underground museum portion of the project won’t be completed until 2013, coinciding with the opening of the Freedom Tower.
The massive World Trade Center transportation hub is also now scheduled for completion later that year or early in 2014. The cost of the hub actually slightly exceeds the cost of the construction of the Freedom Tower.
The Baumgarten Report 